In the latest trading session, 9.16 million ZoomInfo Technologies Inc (NASDAQ:ZI) shares changed hands as the company’s beta touched 1.02. With the company’s most recent per share price at $11.17 changing hands around $1.64 or 17.20% at last look, the market valuation stands at $3.84B. ZI’s current price is a discount, trading about -56.22% off its 52-week high of $17.45. The share price had its 52-week low at $7.65, which suggests the last value was 31.51% up since then.
Analysts gave the ZoomInfo Technologies Inc (ZI) stock a consensus recommendation rating of Buy, calculated at a mean rating of 2.91. If we narrow down to specifics, the data shows that 1 out of 14 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 2 recommended ZI as a Hold, 11 felt it is a Buy and 0 rated the stock as Underweight. ZoomInfo Technologies Inc’s EPS for the current quarter is expected to be 0.22.
ZoomInfo Technologies Inc (NASDAQ:ZI) trade information
Instantly ZI is in green as seen in intraday trades today. With action 9.83%, the performance over the past five days has been green. The company’s shares are showing year-to-date upside of 6.28%, with the 5-day performance at 9.83% in the green. However, in the 30-day time frame, ZoomInfo Technologies Inc (NASDAQ:ZI) is 10.48% up.
The consensus price target for the stock as assigned by Wall Street analysts is 10.5, meaning bulls need a downside of -6.38% from its recent market value. According to analyst projections, ZI’s forecast low is 10 with 11 as the target high. To hit the forecast high, the stock’s price needs a 1.52% surge from its current level, while the stock would need to tank 10.47% for it to hit the projected low.
ZoomInfo Technologies Inc (ZI) estimates and forecasts
Year-over-year growth is forecast to reach -1.50% down from the last financial year.
Consensus estimates given by 18 financial analysts project the company’s revenue in the current quarter to hit an average of 295.65M. 18 analysts are of the opinion that ZoomInfo Technologies Inc’s revenue for the current quarter will be 294.22M. The company’s revenue for the corresponding quarters a year ago was 310.1M and 291.5M respectively. According to analysts, the company will likely register a growth in its current quarter sales, forecast at -4.66%. The estimates for the next quarter sales put growth at 0.93%.
The 2025 estimates are for ZoomInfo Technologies Inc earnings to increase by 0.21%, but the outlook for the next 5-year period is at 2.09% per year.
ZoomInfo Technologies Inc (NASDAQ:ZI)’s Major holders
Among Mutual Funds, the top two as of Sep 30, 2024 were Vanguard Total Stock Market Index Fund and iShares Core S&P Midcap ETF. With 9.67 shares estimated at $110.97 million under it, the former controlled 2.82% of total outstanding shares. On the other hand, iShares Core S&P Midcap ETF held about 2.70% of the shares, roughly 9.27 shares worth around $106.39 million.
